Pharmacist Salary in New Mexico
Based on 2K+ workers in New Mexico
Median Annual Salary (NM)
$147,000
$70.67/hr
vs National Average
$142,891
+2.9% vs national median
Salary Range (10th–90th)
$104K – $174K
2K employed in New Mexico
Curious about the earning potential for your career? The median Pharmacist salary in New Mexico is an impressive $147,000 per year. This figure places pharmacists in the Land of Enchantment approximately 3% above the national average, with a healthy salary range generally falling between $103,500 and $174,200, supporting around 1,730 employed professionals.
Several factors can influence a pharmacist's actual income in New Mexico. These include the specific type of practice setting, such as retail, hospital, or clinical pharmacy, as well as the individual's years of experience, advanced certifications, and the cost of living in different regions within the state.
Salary Distribution — Pharmacist in New Mexico
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $103,500 |
| 25th percentile | $132,560 |
| Median (50th percentile) | $147,000 |
| 75th percentile | $163,540 |
| 90th percentile | $174,200 |
Top-Paying Industries for Pharmacist (U.S.)
Which industries pay Pharmacists the most — nationwide figures (industry-level data is not available by state). Pharmacists in New Mexico tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Health Care and Social Assistance | $156,600 | 122K |
| Transportation and Warehousing | $156,490 | 470 |
| Government (excl. schools, hospitals & USPS) | $153,650 | 10K |
| Other Services (except Public Administration) | $150,350 | — |
| Management of Companies and Enterprises | $144,820 | 5K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Pharmacist in New Mexico vs National
| Year | Median Salary (New Mexico) |
|---|---|
| 2022 | $131,560 |
| 2023 | $134,890 |
| 2024 | $137,600 |
| 2025 | $147,000 |
| 2026 (projected) | $155,820 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New Mexico Median | National Median |
|---|---|---|
| 2022 | $131,560 | $132,955 |
| 2023 | $134,890 | $136,337 |
| 2024 | $137,600 | $138,804 |
| 2025 | $147,000 | $142,891 |
| 2026 (projected) | $155,820 | $151,464 |
Pharmacist Salary by Experience Level in New Mexico
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $132,560 |
| Mid-level | 3-5 yrs | $147,000 |
| Senior | 6-9 yrs | $163,540 |
| Staff / Lead | 10+ yrs | $174,200 |
Pharmacist Salary in Other States
Related Pharmacist Salaries in New Mexico
How other high-demand occupations in New Mexico compare to Pharmacist ($147,000 median).
| Occupation | Median Salary | vs Pharmacist | Hourly |
|---|---|---|---|
| Emergency Medicine Physician in NM | $405,130 | +175.6% | $194.77/hr |
| Anesthesiologist in NM | $393,970 | +168.0% | $189.41/hr |
| Surgeon in NM | $363,940 | +147.6% | $174.97/hr |
| Obstetrician and Gynecologist in NM | $259,990 | +76.9% | $125.00/hr |
| Family Medicine Physician in NM | $228,040 | +55.1% | $109.63/hr |
| Psychiatrist in NM | $227,730 | +54.9% | $109.49/hr |
| Podiatrist in NM | $202,690 | +37.9% | $97.45/hr |
| Pediatrician in NM | $202,390 | +37.7% | $97.30/hr |
| Dentist in NM | $155,260 | +5.6% | $74.64/hr |
| Optometrist in NM | $144,660 | -1.6% | $69.55/hr |
| Physician Assistant in NM | $139,920 | -4.8% | $67.27/hr |
| Nurse Practitioner in NM | $137,520 | -6.4% | $66.12/hr |
Frequently Asked Questions
What is the typical salary for a pharmacist in New Mexico?
- The median salary for a pharmacist in New Mexico is $147,000 per year, which breaks down to about $71 per hour. Most pharmacists in the state earn between $103,500 and $174,200 annually.
How does pharmacist pay in New Mexico compare to the national average?
- Pharmacist salaries in New Mexico are 2.9% higher than the national average. This means that while the national median might be lower, New Mexico offers a competitive wage for the profession.
How many pharmacists are currently employed in New Mexico?
- There are approximately 1,730 pharmacists employed in New Mexico. This indicates a solid market presence for this healthcare role within the state.
What is the salary range for pharmacists in New Mexico?
- In New Mexico, the salary range for pharmacists generally falls between $103,500 and $174,200 per year. The median salary sits comfortably within this range at $147,000 annually.